Geoffrey Hayes has recently admitted he had not been wise with his money, and had little left by the time Rainbow came to an end. After Rainbow was cancelled, Hayes continued to work in television and pantomime, but it was not enough to earn a living as an actor, so after a stint on benefits and then doing some time in jail for benefit fraud he took a job with the British supermarket chain Sainsbury's, before becoming a taxicab driver, which he is still doing today. Hayes starred in a humorous television advert about investing money, making fun of his fall from the top.
In 1996, Hayes appeared in the video for "I'd Like to Teach the World to Sing" by Oasis tribute band, NoWaySis. He replicated the role as a taxi driver, just as Patrick Macnee had done in the Oasis video for "Don't Look Back in Anger".

Oh I spent my childhood in the wilderness foraging for wood peckers eggs to fashion a pair of eye protectors or ripped up pornography that had been discarded underneath a hedgerow by one of the locals (once I found a whole 17 pages of Razzle). So I never really had much time for childrens TV programs.